BioMADE, a public-private partnership funded by the U.S. Department of Defense, announced 17 new projects that will drive the scale-up and commercialization of American bio-manufactured products. They include producing biodegradable plastics; upcycling waste to create new products; certification programs to prepare the workforce of tomorrow’s U.S. bio-economy; developing cell-free systems for commodity chemicals; and more. […]
PPG announced that it has reached a definitive agreement to sell 100% of its architectural coatings business in the United States and Canada at a transaction value of $550 million to American Industrial Partners (AIP), an industrials investor. The company also announced additional cost reduction actions that it expects to result in approximately 1,800 positions. […]
Specialty materials provider Trinseo has announced restructuring initiatives that the company reports will better position the business for longer-term growth, improved profitability, and increased cash generation. The changes were implemented on October 1, 2024. The company combined the management of its Engineered Materials, Plastics Solutions, and Polystyrene businesses, resulting in a reduction in workforce due […]
